Sell NEAR/USDT – 1H – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is found. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

The currency pair Near Protocol/Tether (NEAR/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 1.194 is expected.

Caution: A possible change in the direction of the resistance line at 1.256 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 1.416
2nd High 1.334
Next High 1.256
Current Price 1.223000000
Next Low 1.194
2nd Low 1.112
3rd Low 1.028

1.256 – 1.239 – 1.334 – 1.194 – 1.209 – 1.216 —
1.256000000 – 1.240000000 —
60.69196912828 – 53.706466851067 —
– —
1.256 – 1772964000

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